[Oldexpat]

The fortunate thing is a lot of the pols have houses which are covered by low Prop 13 taxes. If they vote to eliminate it on residential housing they will suffer some big tax increases. Since Prop 13 taxes can be inherited with the house even young Rats can have a big stake.
For instance..I bought my house in 1973. My prop taxes are 1300 per year.
If I sold it new owner would be paying 12000.
It is more likely they will stick it to commercial property and end Prop 13 on it.
That will put a lot of small business’s in deep trouble.

[cherry]

a distant relative inherited his house from his grandmother in Napa and has been paying about $400 a year for it in property taxes for 25 yrs at least.....

I hope they remove all restaint and prop 13 and there will a sudden rush to sell homes and with it a huge housing crash...no one is going to be able to afford living there anymore...

[Grampa Dave]

“It is more likely they will stick it to commercial property and end Prop 13 on it.
That will put a lot of small business’s in deep trouble.”

That will be the first attack on Prop 13. Their tv ads will make any California Business which owns property evil and will force more to leave California.

When that tax increase is spent, and California starts to look like Detroit, prop 13 will be killed in a special Friday evening/night session.

[Rusty0604]

They have wanted to end it for the “evil” commercial property owners for a long time.

[American in Israel]

Pols dont pay taxes, if you take the bribes and kickbacks in account.

[ridesthemiles]

Guess what???

An apartment building is considered Commercial property.

Therefore—every RENTER will pay a higher rent because of a change in Prop 13 restrictions.

Those fools who don’t own their residential location and think they voted to ‘stick it to the rich’, will be paying substantially higher rents.

Many small businesses also HIRE those same apartment dwellers.

When their job gets dropped because the boss is having to pay a higher rent on the business building-—cry me a river!!!

California proves over and over again that you cannot fix stupid.

When I moved to Nevada County in N Calif, the registered Repulicans were about 87% of the voters. When I moved out in Dec of 2004—the Republicans were about 34% and falling.

One of the reasons why I left.